Looking to diversify beyond OKTG? The ETFs below have the lowest correlation with OKTG — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from OKTG.
Best Diversifiers for OKTG
886 ETFs have low correlation with OKTG (below 0.3), 44 of which are negatively correlated. The least correlated is VanEck Energy Income ETF (EINC) (Energy Equities) with a 1Y correlation of -0.18, roughly unchanged from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Energy Income ETF | -0.18 | -0.18 | -0.18 | 64 | Energy Equities | OKTG vs EINC | |
| iShares Core High Dividend ETF | -0.15 | -0.15 | -0.15 | 70 | Dividend, Large Cap Value Equities | OKTG vs HDV | |
| FT Energy Income Partners Strategy ETF | -0.14 | -0.14 | -0.14 | 83 | Energy Equities | OKTG vs EIPX | |
| Breakwave Tanker Shipping ETF | -0.14 | -0.14 | -0.14 | 98 | Commodities | OKTG vs BWET | |
| Alerian Energy Infrastructure ETF | -0.14 | -0.14 | -0.14 | 57 | Energy Equities | OKTG vs ENFR |
See all 1038 diversifiers for OKTG
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